Ojaspatil

COAL INDIA (LONG) POSITIONAL TRADE

NSE:COALINDIA   COAL INDIA LTD
Buy as it breaks recent trend line.
Its forming this pattern this pattern since a long time so the upward momentum is going to be impulsive.
BUY once it breaks the 133.50 resistance (buy at retracement )
STOPLOSS at 126,20
TARGET at 167.70
RR ratio is approximately 4

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